COVID-19 Update: People Are Keeping their Cars Even Longer Now
By Desiree Homer
New IHS Markit Data Says the Average Vehicle on the Road Is 12 Years Old
Americans are keeping their personal cars longer these...
COVID-19 Update: Is There A Shortage of Repair Parts?
By Desiree Homer
More Operational Side Effects of the Pandemic Begin to Emerge
Ford Motor Co. was reporting a backlog, and not just in demand for...
COVID-19 Update: GM to Restore Salaries to 69,000 Workers
By Desiree Homer
But Executives Continue to Defer Their Own Pay
General Motors announced recently that it would be reinstating full salaries for some 69,000 of...
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Heads Up: New Tax Laws Impacting Automotive Dealers
The provisions of the Act provides many opportunities and some pitfalls. More than ever, owners of automobile dealerships need to consult their tax advisers to understand both the business and personal implications of the new tax laws.
